The OPEC Fund announced some US$720 million in new financing to support development efforts across Africa, Asia, Latin America and the Caribbean, and saw the signing of US$362 million in new loan agreements
VIENNA, Austria, June 18, 2025/APO Group/ --
- Announcement of over US$1 billion new financing: OPEC Fund signs US$362 million new loan agreements during the Forum and announces approval of US$720 million in new financing in the second Quarter
- A Country Partnership Framework agreement with Rwanda earmarks US$300 million financing in the next three years
- At the high-level Mauritania roundtable hosted by the OPEC Fund, the Arab Coordination Group (ACG) announced a pledge of US$2 billion financing over the next 5 years to support Mauritania’s development priorities.

OPEC Fund President Abdulhamid Alkhalifa
The fourth OPEC Fund Development Forum (https://OPECFund.org) concluded today with a strong slate of new commitments, loan agreements and strategic partnerships to advance inclusive transition and sustainable development. The Forum brought together more than 700 global leaders, including government representatives, development institutions and private sector stakeholders, under the theme “A Transition That Empowers Our Tomorrow”.
The OPEC Fund announced some US$720 million in new financing to support development efforts across Africa, Asia, Latin America and the Caribbean, and saw the signing of US$362 million in new loan agreements. A new Trade Finance Initiative is set to secure vital supplies and help close trade-related liquidity gaps in partner countries.
OPEC Fund President Abdulhamid Alkhalifa said: “The OPEC Fund Development Forum reflects our conviction that partnerships must deliver results. Today we achieved tangible progress – with new signings, new partnerships and new approaches to help our partner countries turn ambition into action. Whether in energy, infrastructure, agriculture or finance, we are responding with solutions that make a difference.”
As part of its Small Island Developing States (SIDS) initiative, the OPEC Fund signed cooperation agreements with Grenada, and the Solomon Islands, expanding support for climate resilience and sustainable infrastructure.
Deepening Country Partnerships for Long-term Impact
New country-level agreements and cooperation frameworks include:
- A US$212 million loan agreement with Oman to finance the Khasab-Daba-Lima Road Project (Sultan Faisal bin Turki Road), improving local and regional connectivity, as well as a Country Partnership Framework (CPF) to strengthen cooperation over the next five years.
- A US$25 million loan agreement with Cameroon to strengthen the Rice Value Chain Development Project, supporting smallholder farmers and strengthening food security in vulnerable regions, in collaboration with the Islamic Development Bank (IsDB), Arab Bank for Economic Development in Africa (BADEA) and the Kuwait Fund.
- A CPF with Rwanda to allocate up to US$300 million in financing for 2025 – 2028, supporting the country’s development priorities, including quality infrastructure, improved essential basic services and the promotion of entrepreneurship and the private sector.
- Other country partnership agreements included: Azerbaijan to support infrastructure, energy transition and sustainable development; Botswana to support infrastructure, renewable energy, innovation and digital transformation, as well as private sector export-led growth over the next three years; Grenada to build resilience through sustainable development initiatives; Kyrgyz Republic to increase cooperation in transport, water supply and sanitation, energy, agriculture and banking sectors; and Solomon Islands to expand engagement and increase cooperation including in the private sector.
Scaling up Private Sector Support
The OPEC Fund continues to prioritize private sector-led growth with targeted financing to financial institutions across Africa:
- In Côte d’Ivoire, a €30 million loan agreement with Coris Bank International Côte d’Ivoire and a €35 million loan agreement with NSIA Banque will facilitate access to finance for small and medium-sized enterprises (SMEs).
- A US$40 million loan agreement with the East African Development Bank (EADB) will boost economic investments across Kenya, Uganda, Tanzania and Rwanda, strengthening regional integration and inclusive growth.
New Trade Finance Initiative
- At the Forum the OPEC Fund also announced a new Trade Finance Initiative to boost trade resilience in partner countries by facilitating access to essential imports, closing liquidity gaps and strengthening resilience to external shocks in vulnerable economies.
Advancing global cooperation
The Forum also featured new agreements to deepen multilateral cooperation:
- A new cooperation agreement with the Central American Bank for Economic Integration (CABEI) will strengthen collaboration in infrastructure, energy and human development projects across the Latin America and Caribbean region.
- The OPEC Fund and the Islamic Organization for Food Security (IOFS) formalized a cooperation agreement to coordinate efforts on climate-resilient agriculture and sustainable food systems.
- A cooperation agreement with the International Anti-Corruption Academy (IACA) will support training programs to promote institutional transparency and anti-corruption capacity building in partner countries.
Ahead of the Forum, the OPEC Fund hosted the Annual Meeting of the Heads of Institutions of the Arab Coordination Group (ACG). Delegates participated in a high-level roundtable with the President of Mauritania, Mohamed Ould Ghazouani to strengthen development collaboration and mobilize investment flows to Mauritania. The roundtable resulted in an ACG joint pledge of US$2 billion financing over the next five years. This will be directed to vital sectors, including energy, water, transportation and digital infrastructure to stimulate economic growth. A dedicated Arab Donors Roundtable on the Sahel addressed strategies to mobilize greater support for the region’s urgent challenges. It was organized by the Permanent Interstate Committee for Drought Control in the Sahel (CLISS) and sponsored by the OPEC Fund’s partner institution, the Arab Bank for Economic Development in Africa (BADEA).
Distributed by APO Group on behalf of OPEC Fund.
I wonder who is worst, those writing it with melicious intent or those who purposely publish it despite full knowledge of its vulgarism and hatemongering.
I say this article is a bit too late.
How long have you had people trolling and insulting others on this website.
How long have you had pro secessionist speaking and spread the most venomous form of self hate. Despite their best efforts to use this website as a base for their hate. This very site has become a double edge sword for all those who wish to spread hate. Even to the ones claiming to be Unionist.
I personally came to this website original just to see what's going in Somaliland . But when i noticed the constant hate in the comment section. I felt compelled to make my own personal opinion, stand against the constant bombardment of self hate.
My friend, the only people who insult others on this website seem to all be from central somalia.
Yusuf
You have written an excellent article that will benefit everyone not only to debate effectively but also to improve their overall communication. I for one will definitely try to use the simple rule of PEEL to put my opinions and ideas across when I have something useful to share. I hope others who post their comments in this forum can also follow your valuable advice. Let us all weed out offensive language out of our discourse and I believe that SomalilandPress can play an important role by deleting irresponsible comments as soon as they appear.
Thank you for not wasting my time.
well said
Author
Totally agree. Thanks for the reminder.
I hope all regulars on this very forum including myself not only to adhere the PEEL rule but also try to stick to subject matter should we wish to communicate with one another effectively.
Unfortunately, often times we intent to rub up each other the wrong way where things could get a little bit muddy unnecessarily…
I would like to thank the author for educating us all on the etiquette of writting constructively.. I hope this article educates alot of hate mongers who on daily basis spew their hate on somaliland on daily basis.
To name a few kayse, allemagan, tellmetruth, Ilyaz, sahra,Abdikhadar,Truth1, puntlandgeeser and the list goes on.
Somalilandpress as a website what responsibilities does it carry on it’s shoulders against the people who use their web page for their selfish tribalistic agendas? And as the author put it so eloquently how can this website educate and stop this kind of negativities which is seen on daily basis on this website?
I know am going to get a fee attacks from certain people here, but believe me I favor civility and intellectuality above all. God bless.
you got to be kidding lady. This is person has no filter. not only that she was enjoying rapes that is taking place in Somalia so let me remind her precise wording . buuxiye inaader that's funny fufu accent kkkkkkkkkkkkkkkkkk that's just the sample of disgrace and despicable comments, and please people take a look all comments and you be the judge
Sahra, How many others have called Somalilanders names before the rest? This website is called Somaliland press! Yet we had many others trying to suade them through offensive language, guilt as well as many forms of scare mongering. Tell me did the chicken come first or was it the egg.
Hoodo
Well said and do not feel sorry for the lost people, i simply laugh at their nonsense, we will create Zoos in Hargeysa so we can throw bananas at them from time to time :).
Sahra aren't you the one that is cheering for the riots in Somaliland? hoping those riots will turn out destructive? Sorry we keep disappointing you time and again because we are a civilized Sovereignty.
I am not going to apologize but every image of Moqadishu is showing that your country's children and NEXT generation is at least 50% Fufu and Professor Ismael Samatar in his speech said it himself that there are thousands of Naked children running around loose on the streets.
0.5=Clan is quickly becoming a 50%-Clan and soon either they will have President or Prime Ministerial Position.
To me you will always be a punch of naked Fufus
Muahahaha
Buuxiye. I feel so many want to lamp you to their own haters but I feel you are the Somalilander version of thier own whilst giving all of us a vision that some many be read to take on today. Keep on. We Somalis want to see both sides without sabotage or hatred.
correction. May not be ready for. Instead of many be read to take on today.
I didn't want an apology from you. because the person has to have moral fiber and children are naked doesn't make fufu and Professor Ismail Samatar should go deeply look what taking place in Borama and the large addiction of young male and kids with cola but don't worry about him next trip he makes here in Toronto I will make an effort to discuss the matter with him another thing I was not cheering the riots it's was other way around I had one comment about burco and Barbara the road and some inciting that took place and I remembered precisely what I SAID which was go guys check burcoonline something disturbing is taking place.
I am actually proud of your expressing your hate, i hope you never stop because you and all your hateful fufus will make our job much easier in showing our children the animals that you are and why they should always stay away from you
You see you are doing a god job every time you express hate, every time you show hate for Somaliland-Republic.
It hurts you when i tell you that you are worth nothing to us and never will and more people need to tell you to your face that your dead dream UNITY is no more. You have only one option to hate back and it is exactly what i need you to keep doing!
Sarah
Lady don’t you have anything else to do except for attacking others with your negativities on daily basis.
The author of this article vehemently and eloquently put his article here to educate people like you exactly.
It does no harm for one to be positive at list once and especially after reading comments such as this authors.
I know it’s hard to change an old dogs behavior but the chances for a trial is always there.
For the gentlemen buuxiye, there are always some positive ways to attract a guy, you can’t keep on attacking him on daily basis whenever he posts a comment with negativities.
If you love him just come out of the closet and ask him for the love you are graving.
Let’s be positive for once and for good, but if you keep on attacking expect the same dear.
Civilised and objective commentary is the essence of sound debate & it is something I advocated in various somali Internet forums.An easier way of looking at it is one we comment on a public platform we do it with the aim of winning people over ,you can’t achieve that by slander and vile language it’s that simple.
Can somebody enlighten me? Is it hatred if I express my opinion on “somaliland?
Xiis,
In my opinion, the answer is no..but as the rule PEEL applies you should be able to explain your point in a civilized matter.
Why then when somebody voices their opinion which is not necessarily sympathetic to the idea of separation that equals hatred to every supporter of the secession ?
@Hoodo
You only mentioned people who stand against separatism, yet you left out pro-secessionist. Who constantly insult and even call for death of others. This is how I know you are biased or even maybe one of the hate mongers, who is using a different name.
Either way my advice is to all the readers is, no matter what side your on (pro-union/ pro-secessionism) be fair, don't judge one side. Yet let others get a free pass.
Respect is a mutual thing, you can't be disrespecting others and expect them to respect you.
Oh by the way thank you mention my name, tell me truth aka tell ma nutz
@ Ali
Ali i honestly believe some of the people saying these things are really not bad people. Just people who have given in to the darker side.
But do not get me confused there are those who simply wish to stir things up and get us all hating each other, like Kayse and Buuxiye, two sides of the same coin.
I personally will not lie and say my emotions haven't got the best of me. So i would like to take this moment to say to my Isaaq brothers and sisters. I am sorry if I have ever said anything upsetting to you.
My problem is with the secessionist, not the Isaaq clan. I believe we are all one large family and we need sort out our issues with killing, or abandoning each other.
why u dont ask this to traitors somali of Djibouti particulary Isse clan if we are ''one large family''? Even some somali prefer to stay with bantu and habashi rather than joining Somaliweyn. ! Time of bla bla somalinimo love is over….
Thank you, Yusuf
Bring it on qal daan khan iisfolk.
You think you can get away with our land by sucking cadaan g2us????
You SHEEGATO, you are not from the south
Your sister s1cking my d1ck testifies that iam from the south.
Kaboon, your sister s1cking my d1ck testifies that iam from the south, dumb qal—daan khan—iis.
Hoodo thanks for the comment. The hate is usually started and fanned by those who hate Somaliland. The evidence is right in front of your eyes, everytime a decent article on Somaliland is put up you get nothing but hateful comments. Anytime there is unrest you have people from the somaliwayne area calling for more death and destruction.
Tellme, respect does go both ways and Somalilanders have voiced theirs in numerous referendums! And yet you sit there and talk about respect, well brother here is the time for you to respect the wishes of Landers who freed themselves and voted again and again for separation.
I admit sometimes I get carried away with feelings as well, but for every time that has happened you can see who started the discussion of hated and fighting and in almost every case you will find a somaliwayne person who started the comments in that direction.
Its like when someone insults you and then wonders why you gave them a swift kick in the bullocks!
Man up khal-daans, you call us wanl@weyn and darood f@qash, when we call you kh@ldaans you cry like babies.
buur buuriye abu faqash darood boy
Somalilandpress is going downhill and it cannot recover its lost reputation by posting these sort of articles. It's too late. It's the example of the retarded attaitudes and behaviours of Somaliweyn advocates.
The author shouldn't have bothered to put his artciel in here!
So why are you here.
It's true, the site is going bit down hill because it's very lose and people who like to abuse freedom of speech daily flood into it. The hate is both ways but majority of the hate is coming from the so-called unionist obviously sahra doesn't see that because its to her amusement and the funny thing is if you say something against the haters, this woman will jump in to defend it lol. At least the Somalilanders who write hate comments don't claim to be fighting for 'unity'
At least we don't abuse people clans and make it habit of it and second Amal haven you seen your comrades how they talk about Somalia woman and the way they use them like a weapon to get even with the rest of us and the derogatory matter they use them and let's contrast and look deep our side. Allamagen Kayse AMIRATA Tellmethruth Ayan Thruth Kfc Geezer and me our worst offender is Geezer two thing he does wrong is the wife and mention clan sometimes and I toll him to knockoff one or twice but we can say the same for you or your separatist brothers and the worst thing is their fragile mind how you people like dish but when we retaliate and defend our position effectively then all suddenly you will hear this kind of talk so-called unionist are becoming abuser . what's does that meant it means we're defending our self . so before you start chastising us if you have done it your lunatics and unruly crowd , maybe perhaps we could listen to you another word you would have been creditable.
My comrade? You mean kaboon who uses different names. Sorry but I don't defend them nor do I have the same views as them, in fact I don't even engage conversation with him ( I used to tell him off, in fact I used to think he was impostor). You always tell off people like Buuxiye, which you have a right to defend your people but you don't see me defending him or his comment unlike you when you see Somalilanders retaliate jump in and say well your people do that too to justify their comment or hate. Shows what kind of a person you are. I have no issues with ordinary unionist like Allemagan, Amira etc
We should have different opinions but maintain mutual respect, not everyone entertains your union opinion whether you call them separatist or not. You need to learn to agree to disagree.
plus you forgot whenever something goes wrong in Somaliland like fighting or rioting you'll get happy and dance around with your malicious comments against Somaliland. And of course I will stick up for Somaliland regardless of my opinion, you have that right too, to stick up for your people wherever they are.
AMAL
Malicious, lady you're number one hypocrite and there's no place of Somalia she have not attack and second you're a liar I've made one comment about the riots and even look back was not a comment per Se but an information but' I do admitted having discussion the people who was leaving comments did it get heated you bet the last time i check I don't need a permission from you and I don't have to tell you why' but from now I've to look something deep your hand writing some-else also told before watch out this person and last not least I don't justify hate is not in me and last person I want respect FROM is you I Don't like respond to you and I could care less .
sahra,
"you'll get happy and dance around with your malicious comments" by that I mean 'you all' meaning you people (unionist) not you as individual. Said that after you claim that so-called unionist don't write hateful comments but only retaliate themselves.
I don't care who told you that I use different names but I use ONE and I don't need to explain that to you.
All I can say is you're a woman of hate so good luck with your hate girl
And what are you a woman of love?????????????????????????????????????????????????????
jooji nac nacda naaya
jooji nac nacda adiga ayaa lagugu yaaqaan markii horana waxaan kuugu yaaray laba wajeelay maya maya waxaa tahay naaya naaya afka qarmuun leh mas kontan madax leh abaasayahay meel ay usocto iyo maal ka socto aan la garanayey waana ogahay in aad tahay nin maxaasa ega galey nin naag iska dhigya waa dhibaato kuu taagan adiga mida kale dhagaso naayaa or waryaa cheers or amal or the other hundred names you use uuuuuuuuuuuuuuuuuuuh.
Uuuuuuuh to you too nayaa. Waxad tiriba adigaa ahh
NACALADYAHAY
Naa aff qarmuuney wa maxay cayda iyo nacadashu. Guess what BACK TO YOU ! Now excuse me I don't have time to waste on scums like you.
Please Remove all the ignorant comments. This is shameful!!
It seems that the debate has moved to fufus (sic.) and has degenerated to all-out insults. The point of the article was not to become a vehicle for us to air our grievances against each other or to exchange allegations and counter allegations. The author tried to show us that we can always submit our ideas fairly and have a civil discourse without attacking the person who is our opponent. Maybe some of us are only capable of producing offensive language or are complainers by nature. We are attacking the messenger instead of addressing the issue at hand in an intelligent fashion. Thus, as the author stated in his beautiful article we are wasting each other's time and no one benefits from this kind of discourse.
Now to unrelated topic, I provided here a TED Talks video link http://www.ted.com/talks/mark_pagel_how_language_… on how language transformed societies through history. As you watch this video and hear the presenter argue for the need to transform the whole world as one people with one language, think about the sad situation of Somali people. We are only 10 million people with one language, one religion and of the same ethnicity and we are still dividing ourselves. It is about time we left the stone tools behind.
Allemagan,
I admit that you are one of the few cerebral people who comment here, but you are always at the wrong side of the debate. Give up the Somalia thing and I will make you a king of Africa.
I do not mean the comments you made on this article, they are great and I love them!